The American Economic Meltdown Is Starting
May 6, 2020 ·
13m 11s
You can't shut down the vast majority of economic activity without huge ramifications. Many states mandated the closure of businesses for nearly 2 months and are continuing to limit the...
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You can't shut down the vast majority of economic activity without huge ramifications. Many states mandated the closure of businesses for nearly 2 months and are continuing to limit the ability for many companies to operate at the levels they need to cover their expenses. The result is that many fortune 500 companies have announced billions of dollars of reductions in their spending for the remainder of this year, which will mean increased unemployment. Add to that the states are beginning to announce billion dollar cuts in their budgets and you have the recipe for a total financial meltdown. Are you prepared to weather the storm?
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